H61 - National Budget; Budget SystemsReturn

Municipal indebtedness has become a much debated issue in recent years. This paper analyzes debt development and structure for all the municipalities in the Czech Republic for the years 2001-2014 and examines the indebtedness of a selected sample of municipalities. The paper also evaluates the tools currently available to regulate municipal indebtedness. The methods and procedures used by the authors mainly involve research in professional literature and the analysis of available data on municipal indebtedness. The analysis was concerned primarily with municipalities that have been assessed in recent years as municipalities with a higher rate of economic risk by the Municipal Financial Management Monitoring system performed by the Ministry of Finance of the Czech Republic. The completed analysis suggests that municipal indebtedness is not high when compared to the public debt of the Czech Republic. Only a few municipalities are dealing with indebtedness (or over-indebtedness). Large cities are capable of fulfilling their financial obligations.

The production and sale of domestic wines currently operates many adverse effects, we include the main importing cheap foreign wines, heavy distribution and execution through the chain, lack of national promotion and marketing and education of poor and education. In this paper we confront the theoretical approaches to the practice and made a comparative analysis examining the impact of the excise tax on wine development revenues to the state budget, consumption, domestic production and foreign trade balance. Theoretical basis for the taxation of consumption were sufficiently gathered representatives of classical economics. The issue is current and is also reflected in the writings of contemporary theorists, but mostly issues dealing excise taxes on alcoholic beverages completely.